Tata Chemicals has raised Rs. 1,500 crore through the issuance of non-convertible debentures (NCDs), reinforcing its capital structure and financial flexibility. The fundraising reflects continued investor confidence in the company’s credit profile and long-term strategy, despite a challenging global macroeconomic environment. Proceeds from the issue are expected to be used for refinancing existing debt and supporting general corporate requirements. Analysts view the move as a prudent step, enabling the company to optimize borrowing costs while maintaining liquidity.
